v3.26.1
LEASES (Tables)
3 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Lease Expense for Operating and Short-Term Leases

Lease expense for our operating and short-term leases is as follows.

 

 

 

For the Three Months Ended June 30,

 

 

 

 

 

 

 

 

 

 

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

 

 

 

 

(dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Lease Cost

 

$

 

2,173

 

 

$

 

2,199

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Short-Term Lease Cost

 

 

 

684

 

 

 

 

623

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Lease Cost

 

$

 

2,857

 

 

$

 

2,822

 

 

 

 

 

 

 

 

 

 

 

Schedule of Balance Sheet Information Related to Leases

The Right-of-Use Assets and Lease Liabilities are reflected on our Balance Sheet as follows.

 

 

 

June 30,

 

 

March 31,

 

 

 

2026

 

 

2026

 

 

 

(dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Leases:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Lease Right-of-Use Assets

 

$

 

31,321

 

 

$

 

29,346

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Operating Lease Liabilities

 

$

 

4,684

 

 

$

 

4,144

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Noncurrent Operating Lease Liabilities

 

 

 

33,712

 

 

 

 

32,559

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Operating Lease Liabilities

 

$

 

38,396

 

 

$

 

36,703

 

 

 

 

 

 

 

 

 

 

Schedule of Future Payments for Operating Leases

Future payments for operating leases are as follows.

 

 

Amount

 

 

 

 

 

 

Fiscal Year

 

(dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

2027 (remaining nine months)

 

$

 

4,444

 

 

 

 

 

 

 

 

 

 

 

2028

 

 

 

5,366

 

 

 

 

 

 

 

 

 

 

 

2029

 

 

 

4,805

 

 

 

 

 

 

 

 

 

 

 

2030

 

 

 

4,479

 

 

 

 

 

 

 

 

 

 

 

2031

 

 

 

4,042

 

 

 

 

 

 

 

 

 

 

 

Thereafter

 

 

 

26,316

 

 

 

 

 

 

 

 

 

 

 

Total Lease Payments

 

$

 

49,452

 

 

 

 

 

 

 

 

 

 

 

Less: Imputed Interest

 

 

 

(11,056

)

 

 

 

 

 

 

 

 

 

 

Present Value of Lease Liabilities

 

$

 

38,396

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-Average Remaining Lease Term (in years)

 

 

 

11.1

 

 

 

 

 

 

 

 

 

 

 

Weighted-Average Discount Rate

 

 

 

4.47

%